Premier Explosives: Cumulative Capital Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Letter of Offer to…
Premier Explosives (PREMEXPLN) filed a disclosure titled "Cumulative Capital Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Letter of Offer to the Public Shareholders of Premier Explosives Ltd ("Target Company")". The company is valued…
What happened
Premier Explosives (PREMEXPLN) filed a disclosure with the exchanges on 5 October 2026 at 08:02 AM titled "Cumulative Capital Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Letter of Offer to the Public Shareholders of Premier Explosives Ltd ("Target Company")".
Company snapshot
Premier Explosives is a small-cap company, with a market value of about ₹3,667 crore.
The stock last traded at ₹682.1, against a 52-week range of ₹378.4–₹829.8 (17.8% below the high).
Before this filing the shares had moved +2.0% over the month and −9.1% over three months. Average daily turnover over the last 20 sessions was about ₹15.73 crore.
Promoters held 41.33% at the end of Q1 FY27. Foreign institutions owned 1.67% and domestic institutions 9.37%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 142 | 15.3 | 2.85 |
| Q2 FY26 | 218 | 33.2 | 6.17 |
| Q3 FY26 | 81 | 6.1 | 1.13 |
| Q4 FY26 | 89 | 6.6 | 1.22 |
| Q1 FY27 | 103 | 3.1 | 0.57 |
What history shows
BCEIE's records show 5 previous open offer filings from the company since May 2026.
After those filings, the stock fell 2.8% on average the next trading day and was down 3.6% on average after five days (4 filings with price data).
Market-wide, 293 open offer filings with an impact score of 50 or more saw an average next-day move of +2.2%, with 55% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 21 Aug 2026 | Open offer | +0.1% | −0.4% |
| 23 Jul 2026 | Draft Letter of Offer | +0.8% | +0.1% |
| 10 Jul 2026 | Public Announcement under Regulations 3(1) and 4 read with… | −6.0% | −7.0% |
| 10 Jul 2026 | Open Offer - Public Announcement | −6.0% | −7.0% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Apollo Micro Systems Receives CCI Clearance for Premier Explosives Acquisition
- Premier Explosives IDC deems Apollo Micro open offer fair at ₹705.65
- Premier Explosives PREMEXPLN Trading Window Closure Q2 FY27
- Premier Explosives: Apollo Micro Systems ਦੇ ਓਪਨ ਆਫਰ 'ਤੇ Independent Directors ਦਾ ਵੱਡਾ ਫੈਸਲਾ
- CCI says no approval needed for Apollo Micro's Premier Explosives deal
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.